European Markets Dive, ATMs Emptied Amid Cyprus Bailout Crisis -- NBC
LONDON – Financial markets in Europe fell sharply in early trading Monday following the surprise announcement of a levy on bank accounts in Cyprus as part of a financial bailout.
London's FTSE 100, Frankfurt's DAX and Paris's CAC-40 were down 1.4, 1.6 and 2 percent respectively as of 4:30 a.m. ET as traders' screens showed a sea of red, CNBC reported.
Cypriots and foreign investors emptied ATMs following Saturday’s unexpected 10 billion euro ($13 billion) deal under which savers must surrender up to 10 percent of bank deposits. Banks in Cyprus were due to remain closed because of a public holiday Monday.
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MIDDLE EAST
Syria rebels appear to make big weapons seizure.
Syrian rebels seize military intelligence compound near Golan Heights.
Syrian rebel leaders to form interim government for 'free' areas.
Jailed Kurdish rebel leader expected to make ceasefire call. Ocalan says peace talks with Turkey progressing.
Israel's Netanyahu forms new government, set for third term.
Israeli leader says peace hopes 'delusional'.
Iran to try 18 over killing of nuclear scientists.
Inside Baghdad, a city still scarred by war.
The last Christians in Iraq.
Yemen begins dialogue over new constitution.
ASIA
Report: Taiwan to aim 50 medium-range missiles at China.
China warns US over missile defence programme against North Korea.
US pledges all military resources to defend South Korea.
New China FM 'unlikely' to soften stance in Japan row.
India-Italy marines row: 'No legal immunity' for envoy Daniele Mancini.
Tourists putting themselves at risk of rape, India minister warns. Six men arrested over gang-rape of Swiss tourist in India: woman must share blame for attack, say police.
Central Africa Republic rebels issue ultimatum, detain ministers.
Deadly car bomb rocks Somali capital.
Villagers say Rwandan troops crossed into Congo.
Congo peace talks on hold in wake of M23 division. Fugitive M23 leader Ntaganda 'in Rwanda'.
Sudan military members go on trial for alleged coup attempt.
Zimbabweans in 'peaceful' vote on new constitution.
Mugabe slips into Italy for papal inauguration.
Cyprus bailout: vote delayed as politicians scramble to change savings levy - live.
Germany praises Cyprus bailout deal to tax savers.
Cyprus banks will stay closed until Thursday.
Russia unmoved by US missile defense plan change.
New blow to Berlusconi's hopes of political comeback.
Depardieu denies he quit 'sad France' for tax reasons.
Venezuela's Maduro accuses U.S. of "plot" to kill rival. Venezuela's Maduro calls on Obama to stop 'Pentagon plot' to kill election rival.
Venezuelan Presidential opponents clash over crime rate.
Lima's first woman mayor Villaran 'survives recall vote'.
Explosives found at Orlando university campus.
Canadian prisoners captured after daring helicopter es
China warns US over missile defence programme against North Korea.
US pledges all military resources to defend South Korea.
New China FM 'unlikely' to soften stance in Japan row.
India-Italy marines row: 'No legal immunity' for envoy Daniele Mancini.
Tourists putting themselves at risk of rape, India minister warns. Six men arrested over gang-rape of Swiss tourist in India: woman must share blame for attack, say police.
AFRICA
Central Africa Republic rebels issue ultimatum, detain ministers.
Deadly car bomb rocks Somali capital.
Villagers say Rwandan troops crossed into Congo.
Congo peace talks on hold in wake of M23 division. Fugitive M23 leader Ntaganda 'in Rwanda'.
Sudan military members go on trial for alleged coup attempt.
Zimbabweans in 'peaceful' vote on new constitution.
Mugabe slips into Italy for papal inauguration.
EUROPE
Cyprus bailout: vote delayed as politicians scramble to change savings levy - live.
Germany praises Cyprus bailout deal to tax savers.
Cyprus banks will stay closed until Thursday.
Russia unmoved by US missile defense plan change.
New blow to Berlusconi's hopes of political comeback.
Depardieu denies he quit 'sad France' for tax reasons.
AMERICAS
Venezuela's Maduro accuses U.S. of "plot" to kill rival. Venezuela's Maduro calls on Obama to stop 'Pentagon plot' to kill election rival.
Venezuelan Presidential opponents clash over crime rate.
Lima's first woman mayor Villaran 'survives recall vote'.
Explosives found at Orlando university campus.
Canadian prisoners captured after daring helicopter es
Congo peace talks on hold in wake of M23 division. Fugitive M23 leader Ntaganda 'in Rwanda'.
Sudan military members go on trial for alleged coup attempt.
Zimbabweans in 'peaceful' vote on new constitution.
Mugabe slips into Italy for papal inauguration.
Cyprus bailout: vote delayed as politicians scramble to change savings levy - live.
Germany praises Cyprus bailout deal to tax savers.
Cyprus banks will stay closed until Thursday.
Russia unmoved by US missile defense plan change.
New blow to Berlusconi's hopes of political comeback.
Depardieu denies he quit 'sad France' for tax reasons.
Venezuela's Maduro accuses U.S. of "plot" to kill rival. Venezuela's Maduro calls on Obama to stop 'Pentagon plot' to kill election rival.
Venezuelan Presidential opponents clash over crime rate.
Lima's first woman mayor Villaran 'survives recall vote'.
Explosives found at Orlando university campus.
Canadian prisoners captured after daring helicopter escape.
Suspect in Libya may have played Benghazi role, congressman says.
Terror haven in Mali feared after French leave.
US says hunger strike grows to 21 at Guantanamo.
To reassure investors, Fed stresses it will not end stimulus.
Airbus sells 234 planes to Lion Air in $24 billion deal.
Analysis: Amazon's sellers unhappy about fee hikes, eye rivals.
Sudan military members go on trial for alleged coup attempt.
Zimbabweans in 'peaceful' vote on new constitution.
Mugabe slips into Italy for papal inauguration.
EUROPE
Cyprus bailout: vote delayed as politicians scramble to change savings levy - live.
Germany praises Cyprus bailout deal to tax savers.
Cyprus banks will stay closed until Thursday.
Russia unmoved by US missile defense plan change.
New blow to Berlusconi's hopes of political comeback.
Depardieu denies he quit 'sad France' for tax reasons.
AMERICAS
Venezuela's Maduro accuses U.S. of "plot" to kill rival. Venezuela's Maduro calls on Obama to stop 'Pentagon plot' to kill election rival.
Venezuelan Presidential opponents clash over crime rate.
Lima's first woman mayor Villaran 'survives recall vote'.
Explosives found at Orlando university campus.
Canadian prisoners captured after daring helicopter escape.
TERRORISM/THE LONG WAR
Suspect in Libya may have played Benghazi role, congressman says.
Terror haven in Mali feared after French leave.
US says hunger strike grows to 21 at Guantanamo.
ECONOMY/FINANCE/BUSINESS
To reassure investors, Fed stresses it will not end stimulus.
Airbus sells 234 planes to Lion Air in $24 billion deal.
Analysis: Amazon's sellers unhappy about fee hikes, eye rivals.